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The Prime Minister of Australia responded to Trump's tariffs: there will be no equal countermeasures, and negotiations for exemptions will be sought.
① Australian Prime Minister Albanese criticized USA President Trump for imposing a 10% tariff on allies, stating that such actions are not what friends do, and indicated that Australia will not impose equivalent tariffs on the USA; ② The Australian government will seek to negotiate with the USA in hopes that Trump will lift the tariffs on Australia.
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Comments

Moomoo News AU

Feb 25 07:59

Columns AU Morning Wrap | ASX 200 slips; DMP plunges 5.27% on half-year loss and store closures

G'day, mooers! Check out the latest news on today's stock market!
• US stocks mixed; tech drags, awaits Nvidia earnings and economic data.
• Australian shares declines as consumer stocks and weak earnings weigh on market sentiment.
• Stocks to watch: WDS, DMP, etc.
Wall Street Summary
Wall Street experienced a mixed close on Monday as investors remained cautious ahead of Nvidia's highly anticipated earnings re...

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Moomoo News AU

Jan 10 14:54

Columns AU Evening Wrap | ASX 200 dips; materials stocks stand out in market downturn

Top gainers: $Sims Ltd (SGM.AU)$, $Iluka Resources Ltd (ILU.AU)$ and $Sandfire Resources Ltd (SFR.AU)$
Top losers: $GQG Partners Inc (GQG.AU)$, $Lovisa Holdings Ltd (LOV.AU)$ and $Downer EDI Ltd (DOW.AU)$
The $S&P/ASX 200 (.XJO.AU)$ slipped 0.42% to 8,294.10 on Friday, ending its five-day winning streak. Despite the late stumble, the index still posted a 0.5% weekly gain.
Traders grew cautious as they awaited key US employment...

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Moomoo News AU

Aug 13, 2024 08:38

Columns AU Morning Wrap | ASX Flat, CSL Slumps, Temple & Webster Soars 25%; Gold Nears Record High

G'day, mooers! Check out the latest news on today's stock market!
• Stocks Inch Up as Wall Street Slightly Extends Recent Rebound from Early Month Pullback
• Australian Shares Steady Amid Company Results and U.S. Inflation Data Anticipation
• Stocks to watch: CSL, CGF, SEK, TPW
Wall Street Summary
Stocks mostly inched up Monday as Wall Street managed to slightly extend its recent rebound from the big pullb...

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Moomoo News AU

May 7, 2024 15:37

Columns AU Evening Wrap: Australia Shares Rise 1.4%; AGL Gains on Upgraded Profit View

• Top gainers: $Paladin Energy Ltd (PDN.AU)$, $AGL Energy Ltd (AGL.AU)$, $HMC Capital Ltd (HMC.AU)$
• Top losers: $Sims Ltd (SGM.AU)$, $Contact Energy Ltd (CEN.AU)$, $Bapcor Ltd (BAP.AU)$
Market Performance
Australia's $S&P/ASX 200 (.XJO.AU)$ index closed up 1.4% at 7793.3, lifted by the central bank's messaging on interest rates and a brighter outlook from the country's biggest power generator. The RBA, which kept rates unch...